Visteon Corp (NYSE:VC) has been assigned a consensus recommendation of “Buy” from the twenty-one brokerages that are covering the stock, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $127.88.
Several research firms have issued reports on VC. Zacks Investment Research upgraded Visteon from a “hold” rating to a “buy” rating and set a $141.00 price objective for the company in a research report on Saturday. Longbow Research began coverage on Visteon in a research report on Friday. They issued a “buy” rating and a $160.00 price objective for the company. Guggenheim began coverage on Visteon in a research report on Wednesday, January 3rd. They issued a “buy” rating and a $140.00 price target for the company. ValuEngine upgraded Visteon from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, Royal Bank of Canada restated a “hold” rating and issued a $138.00 price target on shares of Visteon in a research report on Wednesday, December 20th.
In other Visteon news, CEO Sachin Lawande sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $126.05, for a total value of $315,125.00. Following the sale, the chief executive officer now directly owns 8,595 shares of the company’s stock, valued at approximately $1,083,399.75. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Over the last three months, insiders sold 17,004 shares of company stock worth $2,180,621. 0.19% of the stock is owned by corporate insiders.
Shares of Visteon (NYSE VC) opened at $139.25 on Tuesday. Visteon has a 52 week low of $81.46 and a 52 week high of $137.85. The company has a current ratio of 1.97, a quick ratio of 1.76 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $55.37, a P/E ratio of 26.63, a PEG ratio of 1.34 and a beta of 0.86.
Visteon (NYSE:VC) last released its quarterly earnings data on Thursday, October 26th. The auto parts company reported $1.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.17. The firm had revenue of $765.00 million during the quarter, compared to analysts’ expectations of $761.95 million. Visteon had a return on equity of 29.13% and a net margin of 4.83%. Visteon’s revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.10 earnings per share. research analysts forecast that Visteon will post 6.23 EPS for the current fiscal year.
COPYRIGHT VIOLATION WARNING: This article was reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this article on another domain, it was copied illegally and reposted in violation of international copyright and trademark law. The correct version of this article can be accessed at https://www.com-unik.info/2018/01/09/visteon-corp-vc-given-consensus-recommendation-of-buy-by-brokerages.html.
Visteon Corporation is a global automotive supplier that designs, engineers and manufactures electronics products for original equipment vehicle manufacturer (OEM), including Ford, Mazda, Nissan/Renault, General Motors, Honda BMW and Daimler. The Company operates through Electronics segment. The Electronics segment provides vehicle cockpit electronics products to customers, including instrument clusters, information displays, infotainment, audio systems, telematics solutions and head up displays.
What are top analysts saying about Visteon? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Visteon and related companies.